Reading the market regime before prices move

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After hours
Bearish signal ▼ · 34 pattern

Evening Doji Star

Evening Doji Star

Evening Doji Star: the stronger version of the Evening Star. The middle candle is a true Doji that gaps up above the top of a rising wave. A Doji at the high shows perfect balance and reveals that buying momentum has dried up just before the turn down.

34
PATTERN ID
Signal Bearish ▼
Reliability ★★★★★
Win Rate 71%
Expected move −5–12%
Timeframe Daily / weekly
Confirmation Built into the pattern

The short answer

What is an Evening Doji Star candle?
Evening Doji Star (Evening Doji Star): the stronger version of the Evening Star. The middle candle is a true Doji that gaps up above the top of a rising wave. A Doji at the high shows perfect balance and reveals that buying momentum has dried up just before the turn down.
How do you spot an Evening Doji Star candle?
First candle: large bullish candle extending the uptrend. Second candle: a Doji gapping up from the first's body. Third candle: large bearish candle closing below the first's body midpoint.
Is the Evening Doji Star candle bullish or bearish?
A bearish reversal pattern made of 3 candles. Confirmation: built into the pattern. Reference success rate: 71%. You can spot it on live daily candles for any symbol in the members' technical terminal. Open the technical terminal →
Pattern illustration
Large bullish → doji with a gap up → bearish candle that cuts through the midpoint

How to identify the pattern

Step-by-step checks
  • First candle: large bullish candle extending the uptrend
  • Second candle: a Doji gapping up from the first's body
  • Third candle: large bearish candle closing below the first's body midpoint
  • The gap around the Doji strengthens the signal
  • Volume rises on the third candle

Trading psychology

The power struggle between buyers and sellers
The rally reaches a peak of enthusiasm, then freezes at the Doji. Neither buyers nor sellers can decide it. The third candle announces that sellers have taken the initiative. The exact tie in the Doji makes the top clearer than in an ordinary Evening Star.

Outlook and confirmation

Entry conditions and expected price move
Confirmation is built in: the confirming candle is part of the pattern
One of the more reliable bearish reversal signals. A pullback of 5-12% over 7-14 days is possible. It gets stronger at firm resistance or when RSI is overbought. The stop-loss sits above the Doji's high.
Ideal setting for the pattern
Top of an uptrend
Suggested timeframe: daily / weekly

Where to find it on the platform

  • Technical terminal for members
    Shows the daily-timeframe candles for any symbol on the platform's list. You identify the pattern by eye: the terminal does not name it.